Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
The strategic management process of Starbucks
The strategic management process of Starbucks
Observations about starbucks
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Recommended: The strategic management process of Starbucks
Starbucks was founded in 1971 as a small coffee bean roaster and retailer in Seattle, Washington. For years it was just that one store, but by 1982 they had five retail stores that sold supplies and beans for brewing coffee. A wholesale business was soon established. Ever since then the company expanded at a rapid pace and since 1987 it has opened an average of two stores every day. The current President and CEO of Starbucks is Howard Shultz. When he visited Milan he came up with the idea of an espresso bar. Shultz realized that America was lacking in the high quality coffee shop area. He wanted to incorporate high quality coffee with a relaxing area where people can meet and do work. When the Starbucks started to be designed they had woods …show more content…
Along with the coffee maker being called a barista, Starbucks decided to name their coffee sizes and drinks differently. For example, a tall is a small, a grande is a medium, and a venti is a large. By doing this, Starbucks was able to add to the authenticity of their coffee brand. Starbucks opened their stores in areas that had large numbers of wealthy and educated people. When people drank their coffee it was seen as sophisticated and only something rich people could afford. Since they only marketed to areas like that they went from having one thousand locations in 1996 to fifteen thousand locations in 2007. Starbucks is now the largest coffee shoppe in the world. They have 22,766 stores in 65 countries and territories. More than 40 million customers visit the Starbucks retail stores every week. They have an array of products. Some products locations sell are hot and cold drinks, whole-been coffee, instant coffee, espresso, different types of teas, mugs, and many other …show more content…
She looked to be about 30-35 years old. She was wearing a nice outfit as if she was on her lunch break from work. At first she looked like she would be a really stern person, but my opinion ended up changing. There were 3 people ahead of her, so I thought she would lose her patience like a bunch of other people who have to wait in a long line to get coffee. When she got up the barista greeted her and said “Hey Shay, how are you today, do you want the regular?”. From this happening I immediately knew she was a regular. The lady said she was going to get a grande cappuccino with no foam. When it came time to pay, she pulled out her phone with what seemed like the Starbucks application and the barista scanned her phone. As she was standing there waiting for her drink, she talked to a bunch of people. This lady seemed like a respectable middle-aged women who was a regular. She was super sweet to everyone who crossed her
The story of Starbucks coffee history begins in Seattle in 1971 when the first Starbucks opened at Pike Place Market, which is Seattle's and the Nation's oldest Farmer's Market. At this time the company was a local coffee roasting facility. That remained their core business until 1982 when Howard Schulz joined the company. He was the new marketing executive and began right away to convince more and more local cafes, upscale restaurants, and hotels to buy Starbucks coffee. The turning point for the company and the beginning of coffee history should be one year later when Schulz traveled through Italy. He got inspired by the Italian coffee bar tradition to serve fresh brewed Espresso and Cappuccino. He convinced the Starbucks founders to give his idea a chance and in 1985 he opened the first coffee bar in Seattle, named Il Giornale. (Wilson)
The company started its activity in 1971 as small coffee shop located in Seattle specialized in selling whole arabica coffee beans. After being taken over by Howard Schultz in 1982, following a rapid and impressive growth, by mid 2002 the company was the dominant specialty-coffee brand in North America, running about 4,500 stores, 400 international stores and 930 licenses.
Starbucks Corporation was formed in 1985. Starbucks Corporation start with purchase and roast the high-quality bean and sell them. Now Starbuck not only provide coffee but also tea and other beverages. The company brand product will be under name of Starbucks, Tazo, Teavana, Starbucks VIA, Starbucks Refreshers, Seattle’s Best Coffee, La Boulange, and Verismo brand . Starbucks Corporation sector now is in restaurant or specialty eateries. On 2013, Starbucks store reach into approximately 10,194 stores and approximately 9,573 licensed stores. Starbucks open in over than 50 countries. Starbucks headquarter is at 2401 Utah Avenue South, Seattle, WA, 98134. Overall Starbucks employees are 182.000.
The purpose of this marketing research document is to conduct an ethnographic qualitative data analysis on conversations among three different business locations where meetings between people and conversations are likely. The data will be gathered from Starbucks locations which are in a residential area, downtown, and at a mall. From this data, I will make recommendations on how the data could be used as it is only after analyzing qualitative data that the true value emerges since qualitative data analysis is inductive (Hair, 2011).
Starbucks is a #1 specialty coffee retailer in the United States. Worldwide, the company operates about 5,400 coffee shops in a variety of locations (office buildings, shopping centers, airport terminals, supermarkets). Outside of North America, Starbucks has 900 coffeehouses in 22 different markets. The first foreign coffee house was established in 1996 in Tokyo, Japan. By the end of 2001, the company will have approximately 400 stores in Japan, and a total of 815 stores in the Asia Pacific region. Starbucks has 32 stores in Britain, and over the last two years it has opened stores in Austria, Spain and Germany and has plans to expand into Greece and Italy. Stores in southern China and Macau are scheduled to open in late 2002. Starbucks is also exploring opportunities in Latin American, including in the countries of Argentina, Brazil, Chile, Colombia, Mexico, Peru, Puerto Rico and Venezuela.
In today’s retail business market, Starbucks is one of the largest coffee companies in the world. In the early 70s, Starbucks opened their first store in Seattle. Over 30 years later, their company has massively expanded opening over 7,000 stores in the United States and internationally. Starbucks is definitely a favorite in today’s coffee market due to their popularity and success. They view themselves as a business that has premium coffee in the world while striving to maintain consistent success as they grow into the future. Starbucks has also expanded their business by expanding their products through Breyer’s ice cream and having their very own card, which customers can purchase and pre-load.
In 1971, three young entrepreneurs began the Starbucks Corporation in Seattle Washington. Their key goal was to sell whole coffee beans. Soon after, Starbucks began experiencing huge growth, opening five stores all of which had roasting facilities, sold coffee beans and room for local restaurants. In 1987, Howard Schultz bought Starbucks from its original owners for $4 million after expanding Starbucks by opening three coffee bars. These coffee bars were based on an idea that was originally proposed to the owner who recruited him into the corporation as manager of retail and marketing. Overall, Schultz strategy for Starbucks was to grow slow. Starbucks went on to suffer financial losses and overhead operating expenses rose as Starbucks continued its slow expansion process. Despite the initial financial troubles, Starbucks went on to expand to 870 stores by 1996. Sales increased 84%, which brought the corporation out of debt. With the growing success, Starbucks planned to open 2000 stores by year 2000.
The year was 1971 when three partners opened the first Starbucks. The business started out as a local roaster and retailer of whole bean and ground coffee and as the business grew they took inspiration from the Italian coffeehouse tradition. The Italian coffeehouses are a place for conversation and a sense of community, a stop between home and work. This experience was something Starbucks wanted to bring to the United States. They had found their niche. Following this, Starbucks grew quickly and began opening several stores all over the country, and shortly thereafter the world.
Starbucks is an international coffee house and it was created in 1971 when they opened the first store in Seattle, Newcastle. Currently, they own 21,000 stores in 65 different countries of the world, and their passion for the great coffee, excellent service and community interaction exceeds cultures and languages (Starbucks, 2014). This company is the number 1 brand coffeehouse chain in the world due to the best roaster, marketer and seller of speciality coffee. Its main slogan: “Our mission: to inspire and nurture the human spirit – one person, one cup and one neighbourhood at a time” (Jurevicius, 2013).
Preliminary Starbucks – one of the fastest growing companies in the US and in the world - has built its position on the market by connecting with its customers, and creating a “third place” beside home and work, where people can relax and enjoy themselves. It was the motto of Starbucks’ owner Howard Schultz and, mostly thanks to his philosophy, the company has become the biggest coffee drink retailer in the world. However, within the new customer satisfaction report, there are shown some concerns, that the company has lost the connection with customers and it must be taken some steps to help Starbucks to go back on the right path regarding customer satisfaction. I will briefly summarize and examine issues facing Starbucks. Starting from there, I will pick the most important issue and study it from different positions.
It started out as a single store in Seattle, Washington in 1971 with three people Jerry Baldwin, Gordon Bowker and Zev Siegel. The name they chose for the shop was Starbucks coffee, Tea and Spice and was located in Pikes Place Market. Initially they did not sell fresh brewed coffee by the cup, but was only used as tasting samples, but later bough their own roster and started making their own blends. They initially sold specialty coffees and tea. Howard Schultz bought the company in 1987 he took it in a new direction brewing espresso drinks under the Starbucks name. By 1989 Starbucks had 28 stores. A new executive vice president of sales and marketing joined the mix Howard Behar. He is considered as the sole of the Starbuck. He planted the seeds of global expansion so he became the first president of Starbucks international in 1995. Now they are the largest coffeehouse chain in the world operating in 55 countries with more than 17,572 stores and 151,000 employees.
Starbucks started out as a small company that only sold coffee grounds. Not all of the different style of beverages that they do today. Starbucks has progressively become better and better. The reason for this is that Howard Schultz has constantly changed the company as the world has changed. For example on December 06, 2011 Starbucks released an app that customers could use on a mobile phone to pay for their drinks at starbucks. Technology in the world is constantly advancing and Starbucks knew that so they adapted to the new changes and made this app. Another example is the new line of drinks Starbucks has come out with, Starbuck 's refreshers beverages, that are not a roasted coffee like every other dark coffee, but it still has the caffeine and other natural qualities that comes from a coffee bean. By doing this it has opened up Starbucks to even more customers because some people hate the taste of
Despite having small beginnings in Seattle, Starbucks has quickly become a worldwide icon of the growing coffee culture. Some Starbucks locations around the world have even added their own cultures into the drink flavors; one example of this is Japan and their famous spring season Sakura (Cherry Blossom) drink. No matter where I travel, I can always count on the fact that there will always be a Starbucks around the corner ready to supply its loyal consumers with a caffeinated boost. One of the reasons why I choose to do my paper on this topic is because I have many friends who are frequent customers and often pause our Disneyland outings for a Starbucks break. I also picked it because I know very little about Starbucks “lingo” despite the huge
Starbuck has entered the coffee market in Malaysia which has gained some market share in the market. In the culture of Malaysia, the people always prefer instant coffee brand with Nestle and others brand. Starbuck has offered the premium coffee to the market that has popular in Malaysia. In Malaysia, Starbucks Coffee company has joint with the Berjaya Group Berhad that has operated by Berjaya Starbucks Coffee Company Sdn Bhd and it has expand more than 140 outlets in January 2012(Starbucks, 2014).
Starbucks, begun as a single store as a roaster and retailer of whole bean and ground coffee, tea and spices in 1971 in Seattle, Washington. As of 29th September 2013, Starbucks has grown to more than 19,000 stores in over 60 countries with approximately 200,000 employees worldwide and $14.9 billion in revenues in fiscal 2013 (Starbucks, 2013; Starbucks, 2014). Starbucks is dedicated to inspiring and nurturing the human spirit. Committed to serving the finest coffee, creating an exceptional customer experience, and being a great place to work. Starbucks call and treat their employees as partners and honored to be acknowledged for their efforts (Starbucks, 2012). Fortune magazine has published a list of the 100 best companies in the United States every year since 1998, Starbucks is rewarded this award ever since the first year, only except the year of 2001(Hinkin & Tracey, 2010; Starbucks, 2012).